Wash Sale

Ron Scherzinger on

In performing a year end cist basis match I found the brokerage listed one buy and sale as a wash sale (due to an error in purchase)

The brokerage firm shows this as income and retains the original cost basis for the stock.

How do I make the cost basis match in Bivio and list the difference as income?

Ron

The "help" section in Bivio does not have a wash sale category.

Laurie Frederiksen on

The simple answer to your question is that there is a "add wash sale" link you'll see on the 1099-B review form that will allow you to add it in.

However, there can be many nuances to wash sale entries. We'd recommend you contact us at support@bivio.com to help you get the entries worked through correctly.

With the email, make sure to send:

1. A full copy of your 1099 form

2. A "Realized gain/loss" report (preferably as a spreadsheet) that you can get from your brokers website. Make sure the report shows details separately for each lot sold. (purchase date, sale date, number of shares, cost basis and proceeds)

Laurie Frederiksen
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On Fri, Feb 7, 2020 at 10:58 AM Ron Scherzinger via bivio.com <user*34681700001@bivio.com> wrote:

In performing a year end cist basis match I found the brokerage listed one buy and sale as a wash sale (due to an error in purchase)

The brokerage firm shows this as income and retains the original cost basis for the stock.

How do I make the cost basis match in Bivio and list the difference as income?

Ron

The "help" section in Bivio does not have a wash sale category.

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